Blockchain.com acquires SeSocio to cement presence in Latin America
100 SeSocio’s employees will join Blockchain.com, immediately bringing its global headcount to 400 people. Go to Source Powered by WPeMatico
Latin America
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Venezuelans promised Axie Infinity scholarships for crypto training courses
The initiative is a part of the La Guaira Digital program, which aims to fast-track growth and induce economic stability in the country. Go to Source Powered by WPeMatico
El Salvador to inaugurate Bitcoin City backed by $1B Bitcoin bonds
The development of Bitcoin City will see the proactive involvement of prominent crypto companies including cryptocurrency exchange Bitfinex and Adam Back’s Blockstream. Go to Source Powered by WPeMatico
Bitso and Circle work on crypto payments between Mexico and US
Bitso is also known as the core crypto service provider for El Salvador’s official Bitcoin wallet, launched in September. Go to Source Powered by WPeMatico
Peru to partner with India, HK and Singapore central banks on a CBDC
The president of Peru’s central bank has indicated that the country will be joining forces with India, Singapore, and Hong Kong to develop its own central bank digital currency. Go to Source Powered by WPeMatico
Stablecoin payment app Reserve helps individuals protect their savings against inflation in Latin America
“Our long-term vision is to create a currency that is stronger than any fiat currency that exists now,” said Reserve community manager Yens Michiels. Go to Source Powered by WPeMatico
Latin America stands to benefit most from crypto, says Uphold exec
Uphold CEO JP Thieriot said that the nature of life in Latin America begs for use cases based on Bitcoin. Go to Source Powered by WPeMatico
Venezuela Slashes Six Zeroes off Its Currency, Bolivar Keeps Losing Ground Against the Dollar
The Central Bank Of Venezuela applied the announced redenomination plan for the national fiat currency, the bolivar on October 1. This redenomination implied slashing six zeroes from the currency, to make payments and currency handling easier, according to earlier statements. However, just hours after applying this measure, the bolivar lost more than 20% of its … Read more
McDonald’s now accepts Bitcoin, but only in El Salvador
Bitcoin-as-a-payment is becoming reality in El Salvador after the country formally recognized the cryptocurrency as legal tender. Go to Source Powered by WPeMatico
Bitso to assist the launch of El Salvador’s official Bitcoin wallet Chivo
Mexican crypto exchange Bitso is announced as a core partner for El Salvador’s state-issued BTC wallet. Go to Source Powered by WPeMatico
